234
OPIUM.
HONGKONG, 17th March.-Bengal.-There has bøen - a considerable advance in rates for Old Benares and Patna, New Benares baring experi enced a decline. Latest quotations are:-Patna $825, Old Renares $843, New Benares :810.
Malwa - Very old cargo is in demand the market for other descriptions is steady. Quotations
New Malwa $700 with all'ce from 6/16 to 14 catty. Old ( 2 yrs.) $730
jt
( 8/4 y $760
"
,, (5/6-,,-) $800
7/8, ) $850
"
33
"
"
0
to 14
0
to 2
0
to %
F
THE HONGKONG WEEKLY PRESS AND
COTTON PINON Goods.
Grey Shirtings--6lbs.
Victoria Lawns-12 yards T-Cloths-6lbs. (32 in.), Ordʼy.
71b8. 8.1 lbs.
1.70 to 1.9% to
2.35 40
9 to 10 lbs
8.25 to
White Shirtings-54 to 56 rd.
2.30 to
58 to fo
64 to 66 Fine
11
2.70 to 3.50 to 4.35 to Book-folds. 8.75 to
per piece
1.80 200 3 10 4.05 2.60 8.36 4.35 7.06 5.65
0.66 to
1.85
C
1.52 to
1.72
7lbs. (32,, ),
1.85 to
2.10
6lbs. (82 ), Mexs.
•
1.62 tó
7lbs. (32 }.
2.10 to
1.82 2.75
8 to 8.4 oz., (36 in.)
2.85 to
Drills, English--40 yıls., 14 to
16lbs
3.65 to
3.20
6.85
Turkey Bed Shirtings-1) to
2,037 chests.
+
8lbs.
} 1.60 te
Brocades-Dyed
3.00 to
132 "
690
Dumusks..
0.12 to
1,179
Chiutzes-Assorted
0.08 to
Velvets-Black, 22 in...........................
Velveteens-18 in.
0.19 to 0.40 0.17 to 0.18
per dozen
Handkerchiefs-Imitation Silk 0.25 to
1.25
WOOLLENB
per yard
0 to 21 Persian.This market has been rather active during the past week, and a good amount of Opium bas changed hands to supply the demand in Formosa, market closing steady at following figures:-Oily $550 to $650, and Paper-tied $650 to $750, according to quality.
To-day's stocks are estimated as under:-- Patna.
New Benares .................................. 4 47 Old Benares
Malwa
Persian
COURSE OF THE HONGKONG Opium Market.
DATZ.
PATNA.
BENARES.
HALWA.
New. Old. New. Old. New. Old.
1899. $
$
$
$
$
Mar. 11
8224
810
835
700
Mar 12
8224
810 835
700
Mar. 13
822
810
835 700
Mar. 14
8221
816
835
700
Mar. 16
825
810
840
700
Mar. 16
8234
810
640 700
Mar. 17
825
810
846 700
COTTON.
730/760/800/850,
HONGKONG, 17th March.-A slight decline lá the superior qualities hus induce very sinall sales; market closes very dull. stocks, about 4,000 bales.
Bombay...
Karrache
Bengal (New). Rangoon, )
and Ducca
.15.00 to 16.25 picul.
to
***
...
33
16,25 to 17.75 pirul.
Shanghai and Japanese,...20.00 to 21.00
Tongcbow anc Ningpo......20.00 to 21.00 Madras (Best)
to
"
"
"
Sales: 425 bales Bengal (New). Bangoon, and
l'acca.
RICE.
con.
HONGKONG, 17th March. The decline tinues, the market being dull. Quotations are :—
Saigon, Ordina1y...
"
Round, good quality.
Long
Sium, Field, mill cleaned, No.
"
**
Garden, White.......
+
57
Fine Cargo
FANCY COTTONS
per yard
t.o
4.75
-
0.16
1.50
Spanish Stripex-Sundry chops. 0.60 to
German Habit, Med., and Broad Cloths. 1.00 to 2.25
per piece 6.25 to 9.50 6.35 to 9.60 12.00 to 32.00
METALS
9.00 to 20,00
7.50 to 9.00
per pair 8.00 to 14.00
per picul
Long Ells-carlet
A-s-rted
Camlots-Assorted
Lastings-30 yds.,81 inches,
Assorted j
Orleana-Plain
Blankets-8 to 12lb-,
116
4.10 to
Square, Flat Round Bar Swedish Bar
4.10 to
6.00 to
Stall Round Rod
4.75 to
Hoop to 11/2 in..............
5.75 to
Wire 15/25.
9.00 to
Old Wire Ropę
2.50 to
Lead, L. B. and Hole Chop
Australian...
8 65 to
8.60 to
Iron-Nail Bod
40.00 to
Yellow M❜tal-Muntz.14/20 oz. 40.00 to Vivian's, 14/20 oz. 40.00 to Elliot's, 14/20 oz. Composition Nails Japan Copper, Slabs
Tiles
Tin-Plates
..$2.60 to 2.63
l'in
No. 1
2.90 to 2.95 8 30 to 3.85 3.10 to 3.15 3.25 to 8.30 8.70 to 3.76 3.90 to 4.00
Steel to SUNDRI!8
Quicksilver...
Window Glass
Kerosene Oil
*
HONGKONG, 17th March.-Shall retail business
reported.
Quotations are :-
Cardiff Australian.
Miiki Lump
and Small, Moji Lump
$19.00 to 20,00 ex ship, nominal
10.00 to 10,50 ex ship,
9.00 to 10.00 nominal 7.00 to 9.0" ex ship, quiet 12.00 ex Godown
Hongay double screened...... Hongay Lump 8.00 to 8.30 ex ship Hongay Dust.. 5.50 to Briquettes
10.50 to
75.00 to 36.00 to
: 6.00 to to
per box. 6.00 to
per cwt. case
6.75 Lo
per picul .145.00
to per box 5.25 to
per 10-gal, case
2.25 to
[March, 18 1899.
At a
in Liverpool at last week's quotation. meeting of the representatives of both Foreign and Native owned Mills held this afternoon to consider the present unsatisfactory position in which they are placed owing to the native specu Intors, it was decided, with only one dissentient, to form an Association amongst themselves, under certain penalties, not to buy Cotton over a price that is to be agreed upon weekly, Ts. 14 00 being that fixed for the ensuing week. It was thought better not to put the limit to flow at first, but it was clearly shewn that according to the cost of production: which is only tendollar cents a catty for ginned Cotton, the farmers can well afford to take a much lower price.
METALS, 18th March,--(From Messrs. Alex. Bielfeld & Co.'s Report).-Metals.-Bat little business has been transacted during the week, and there is practically but little to report.
We have heard of the following transactions:-100 tons Lon on Horseshoes 88/. c.i.f.v., 50 tons Scrap 73/6. c.i.f.c.. 50 tous Old Iron Chain 88/6. c.i.f.c., 50 tons Boiler Plates at Tl. 1.95 spot, 50 toas Boiler Tunes at Tl. 1.80, spot, 25 toni American Pig Iron at 'l'ls. 21.00, spot.
JOINT STOCK SHARES. HONGKONG, 17th March.-The market has ruled steady, except in Bank stock, and a fair ordinary business has been transacted during the week under review.
BANKS. With some settlement shares on the market and a drop of £2 in the London rate, Hongkong and Shanghais bave ruled very weak, and a sudden drop of 7 per cent, was experienced in the early part of the week, shares changing hands at 264 and 263. Later, however, with the removal from the market of some of the most pressing lots, and a recovery of the Lon- don rate to £57.10, the market became much steadier and a demand for one or two small parcels at 264 was not met; at the time of writing small lots are enquired for at 264 per cent. prem. Nationals have not been dealt in and remain steady at $20.
MARINE INSURANCES.-China Traders and Cantons have continued on offer at quotations, but with no sales to report. Unions have been enquired for, and have changed hands in a smail way at $230. Straits and North Chinas- have also been in some demand, but no sales have been reported. Yangtazes continue ont of favour at quotation.
FIRE INSURANCES.-Both Hongkongs and China Fires continue dull at quotations with no sales or enquiry.
SHIPPING, Hongkong, Canton and Macaos ruled steady in the early part of the week, and, owing to reported satisfactory settlement of the pool arrangements, became firmer towards the end. Sales have boon effected at $28, $281, and $28 for cash, and at $29 for April; market. oloses steady at $28. Indo-Chinas remin dull and more or less neglected, sellers at $67 ruling the market. China and Manilas have weakened a little with sellers at $78 ex div. and no sales reported. Douglases have found buyers at $58 and $584, and China Muldals continue in demand at quotations.
REFINERIES-China Sugars have changed hands during the week at $182§. $182, and $181. for cash and settlements, also at $191 for July delivery, market closing steady at$181. Lusons continue out of the market with sollers at $52.
MINING-Punjoms ordinary have been ne- $1.15, and $1.25, both closing quiet at quotations. gotiated at 854 and $5 and preferences at $1.20,
Charbonnages bare eased up a little with sellers and no buyers or sales at $140. Queen Mines changed hands at $1 in the early part of the week, but close. quiet with sellers at 70 cents. Jelebus have ruled easier with sales at 38.. Raubs have found buyers at $81, $604, $60, and $59, closing quiet at $60; shares are enquired for for July delivery, but holders are unwilling to part at anything like sales have been reported. Olivers " reasonable equivalent of the cash rate and no “B” have
SHANGHAI, 11th March.-(From Messrs. Noël, Murray & Co.'s Piece Goods Trade Report. ' Piece Goods.-The delay in sending forward the first supplies for the opening of the Tient-in sea- son bas occasioned another week of quietness in our market, in fact, but for the Auction sales business has practically been at a standstill. The interest of those engaged in this trade has naturally centred in the quantity that has gone forward. This makes a total of 51,842 packages. against 48,688 packages last year, American goods showing an increase of 12,000 bales, while Yarns of all descriptions are about 2,000 bales less, English makes accounting for nearly the whole of the balance of the falling off-some 4,000 packages. From the news received by a steamer that came in yesterday from Tientsin there was a good deal of apathy there regarding the market, left. There is still nothing of interest to report from our other dependencies, except that New chwang is almost hare of steeks and prospecte are consequently favourable so far. Very little busi- Ders appears to have been done either with Manchester or New York during the week, the markets in both places showing no signs of giving way, and buyers i ere hesitate about paying the necessary prices to replace anles at rates cow cur. rent so long as the Native dealers have low cost 88 to 42125.00 to 181.00. I mipplies on hand, or to arrive. Cotton is steady
MISCELLANEOUS IMFORTS. HONGKONG, 17th March.-Among the sales reported during the week are the following :-
YARNS AND PIECE GOODS-Bombay Yarn. 1,100, bales No. 20 at $67 to $88, 450 bales No. 12 at $74 to $81.50, 250 hales No. 16 at $82.50 to $86, 550 bales No. 20 at $83 to $85. Bengal Cotton-56 bales at $16, 66 bales at $16.63, 27 bales at $17.25, 50 bales at $17, 62 bales at $17.80. White Shirtings.-500 pieces Monkey and Fish at $9.66, 150 pieces D K at $4,921. Grey | but it could scarcely have been opened when she changed hands at quotation, but "A's” continus
Shirtings-500 pieces 10 lbs. Blue 7 Boys at $3.45. Drills-200 pieces 14 lbs. Peacock at $3.921. 82 Farn-10 bales Red Buffalo at $118.25. 22/24. Yarn-50 ba'es Green Pleasunt at $106.50. 28 Yarn 50 bales Yellow Lica at $110. COTTON YARN, -
per Lale
Hombay-Nos. 10 to 20s. 61.00 to 92.00 Euglish-Nos. 16 to 24..................101.00 to 108.00 22 to 24.........106.00 to 110.00
"
28 to 82.......................114.00 to 120.00
|
|
|
which have ruled very quiet with small sales on offer without business. Great Easterne as low as $4.50, close rather steadier at $4.75, after telegraphic advice of a crush ng of 240 tous for a yield of 115 oz.
DOOKS, WHAEves, and Godowns. --Hong- kong and Whampoa Docks are enquired for with financial facilities at 314 to 315 per cent. prem., but shares are not obtainable, on time shares have changed hands at 932 för June,
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